Press Release

FOR IMMEDIATE RELEASE

Jefferies Adds to Financial Institutions Investment Banking

NEW YORK, June 1, 2011 – Jefferies today announced the addition of Caspar Bentinck as a Managing Director who will lead the firm’s Financial Institutions Debt Capital Markets business. He will be based in Jefferies' New York office.

“During the last 12 months, we have extensively built out our Financial Institutions investment banking business across the banks and depository sector, capital structure advisory and equity capital markets origination,” commented Benjamin D. Lorello, Global Head of Investment Banking and Capital Markets at Jefferies. “The addition of Caspar Bentinck represents the logical expansion of our FIG business into the origination of debt capital markets products for our clients.”

“Caspar is an experienced and highly respected debt capital markets investment banker, and his addition reflects Jefferies’ commitment to serving our FIG clients in this important product area,” added Frank Cicero, Global Head of Financial Institutions Investment Banking at Jefferies. “Caspar will work closely with our FIG coverage and capital structure advisory teams to assist our clients in originating and structuring debt and hybrid capital transactions.”

Mr. Bentinck brings to Jefferies nearly 15 years of investment banking experience and joins the firm from Bank of America Merrill Lynch, where he was a Managing Director and led the Debt Capital Markets effort for Depository Institutions in the FIG Capital Markets & Financing Group. Previously, he spent eight years at Lehman Brothers in their High Grade Syndicate Group in New York and London. He received his MBA from the Stern School of Business at New York University and his BA from the University of Pennsylvania.

Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and investors for nearly 50 years.